The correlation between wages and the probability of encountering a fatal injury while on the jobs can be used to calculate the value of

Which of the following best describes a command economy?

A) An economy that is characterized by barter trade of goods and services B) An economy where strong controls are imposed by the ruling authority C) An economy in which resources are allocated through the price mechanism. D) An economy in which there are a few privately owned firms

A central bank like the Federal Reserve in the United States can help banks survive a bank run by

A) raising the discount rate. B) acting as a lender of last resort. C) printing money. D) increasing the required reserve ratio.